Image on
the left represents what many users in the private chat room
were able to see via screen sharing...

I took a quick screenshot
during the screen sharing for marketing purposes, for my own private trade
journal documentation (other two monitors not shown) and for verification
that I traded on that specific trading day I posted real-time
trades in the chat room for those that were not
in the chat room or not
allowed in the screen sharing for whatever reason with
others that were allowed.

I
document my trading with images like this every
trading day (several different times per day) in combo with
my daily brokerage statements so that I know what one of my monitors
looked like on a specific trading day because I use different
templates
in my chart configurations and my broker PnL statement screens.
In fact, I've distributed many images like this of different
trading days on different webpages here at my website and at my
forum just in case someone says they didn't see any
verification.

-------------------

You will find information here to be
describing risks associated with trading based upon our
observations about specific types of individuals that
decide to become traders. We want to ensure that traders
using our resources fully understand the risks involved in
trading because we notice this failure to discuss risks by
other traders and businesses in trading has been increasing at
charting services, brokers, blogs, forums, chat
rooms, twitter, stocktwits or other social medias. In
fact, I specifically discuss theses risks often at
forums and it seems to fall upon deaf ears or I'm attacked
because traders have the perception in error that I'm
discouraging them from trading. This
risk warning also extends into the vendor industry by any
resource that is financially compensated (e.g. book
authors, mentors, signal calling, blogs with sponsors,
blogs compensated for making recommendations, charting sites,
news sites, Youtube and so on) for anything they are
discussing in an effort to help traders:

Trading Risks

Trading of futures, forex currencies,
exchange traded funds, stocks, CFDs, derivatives and other
investment products that are leveraged, can carry a high
level of risk, and may not be suitable for all
traders. The nature of leveraged products means that any
market movement will have an equally proportional effect
on your deposited funds. This may work against you as well
as for you. It is possible that you could sustain a total
loss of initial margin funds and will need to deposit
additional funds to maintain your position. If you fail to
meet any margin requirement, your position may be
liquidated and you will be responsible for any resulting
losses. Selling short may result in losses beyond your
initial deposit as well, because you may have to purchase
a security at a very high price in order to cover a short
position. In fact, most traders will rapidly lose their
initial deposited funds for trading and may even lose more
than their deposit beyond just their capital. Therefore,
you should not speculate with capital that you
cannot afford to lose.

Many retail day traders can not trade stocks because of
the PDT rule that requires a
25k capital in the trading account. Brokers in the future
business know this and take advantage of it via allowing
traders to open 5k to 10k trading accounts to trade on
margin via several contracts or more. Seriously, most
people have financial problems and do not know how to
manage their debts and they have this illusion they have
good risk management to trade on margin under the facade
its just a small trading account. Don't
misunderstand, I'm not saying if you have a large trading
account you'll be able to manage the risks involved in
trading. In contrast, I'm saying brokers should do a much
better job in educating their clients about proper use of
margin and leverage. In addition, they should require
their clients to take a class on the topic along with
passing a test at the end of the class similar to
requirements for a drivers license because most traders
will fail at trading due to poor risk management involving
abuse of margin and leverage.

Backtest your trade method on many different trading
instruments to determine which trading instrument is more
suitable for your trade method. You may discover that what
you're currently trading or plan to trade is less
profitable than a trading
instrument you do not want to trade or didn't consider for
trading. In fact, do your backtest once a month or once
each quarter of the year until you've master the markets
and can determine when to switch trading instruments
without the need of doing backtests. Simply, do not get married to one
trading instrument but I'm not saying to trade something
different each hour or each day. This isn't rocket
science involving how to properly select a trading
instrument. Learn your trading instrument so that you know
when market conditions has changed that requires you to go
to the sidelines (no trading)...remaining on the sidelines
until market conditions improve so that you're trading in
market conditions that give you the best chance to be
profitable.

You will not be able to trade for a living as a newbie trader but you may be able to
be profitable and then slowly grow your trading account
for many months or years. You did notice I didn't say days
or weeks ? In contrast, with proper risk management and
good education about all those things that most traders do
not talk about (e.g. trader psychology, behavior finance,
cognitive decision making, stress management and other
variables) that includes treating your trading like a
business...you may reach your goal of trading for a living
unless you're purely involved in trading as a hobby,
academic reasons or you're just a drive-by curiosity
seeker.

Further, you should not fund
trading with retirement savings, student loans, personal
loans, credit cards, second mortgages, emergency funds,
funds set aside for purposes such as education or
homeownership, or funds required to meet your living
expenses. Seriously, stay away from the markets if you got
debt problems or you're creating a debt problem. Also, if
you're thinking about quitting your job...a job with
health, medical and dental insurance...don't quit your job
when you can easily use your vacations to trade full-time,
days off from your job to trade full-time, take a leave of
absence to trade full-time or find a different job that's
more compatible to your trading schedule.

Your job is your
security blanket. It will help tremendously with
minimizing the pressures involving trading and
minimizing you're need to use poor risk management in an
effort to succeed. This will help to avoid blow up trading days or
avoid consistent
losses that will negatively impact you financially,
psychologically and socially. Yet, if your plan is to
become a full-time trader, do not quit your job. Instead,
use your vacations, sick days, leave of absence, change
your work hours to trade full-time with real money to
determine if there's merits to quitting your job. If
there's proof you can trade profitably, ensure you've
saved up a minimum of 1 - 2 years of income to live
on and this income must not be part of your trading
capital.

Trading requires good knowledge of
financial markets, trading techniques and strategies. You
should understand that while trading you will be competing
with algorithms, institutional traders, hedge funds, prop
firm traders, licensed traders and other market
professionals. Therefore, do not make the mistake in
believing you're competing only against other retail
traders. In addition to normal market risks, you may
experience losses due to system failures. Trading also may
result in paying large commissions. The total size of
commissions that you pay on your trades may significantly
add to your losses or significantly reduce your profits.

Before deciding to trade you should
carefully consider your objectives, financial resources,
needs, your level of experience and other circumstances
that includes consulting with your family members about
your plans to be a trader. Therefore, we highly recommend
you seek advice from an independent financial advisor and
a verified profitable private trader before going into
trading with real money...both of these individuals you
should see in person.

No Trading Advice Provided

Any opinions, chats, messages, emails,
news, research, analyses, prices, or other information
contained on this Website are provided as general market
information for educational and entertainment
purposes only, and do not constitute trading advice.
We offer no signal calling trade service and we do not
mentor although we get lots of request to do such. Also,
the Website should not be relied upon as a substitute for
extensive independent market research before making your
actual trading decisions and before you learn/apply WRB
Analysis. Opinions, market data,
recommendations or any other content is subject to change
at any time without notice. TheStrategyLab, will not
accept liability for any loss or damage, including without
limitation any loss of profit, which may arise directly or
indirectly from use of or reliance on such information.

Just as important, we do not recommend the
use of technical analysis as a sole means of trading
decisions nor do we believe you can be a profitable trader
via technical analysis all by itself. Technical analysis
is just one variable and there are other important
variables such as discipline, stress management, properly
capitalized, position size management, proper trading
instrument selection, proper home/office trading
environment, team collaboration and many other variables
that are just as important as your trade strategies. We do
not recommend making hurried trading decisions. You should
always understand that our performance or the performance
of any user of TheStrategyLab is not an indication
for your future performance.

Therefore, we make no guarantees you will
become a profitable trader if you use TheStrategyLab
resources. In fact, we provide free resources for
you to determine on your own the merits of WRB Analysis
via you comparing your trade results without WRB Analysis
versus your trade results using price action concepts from
WRB Analysis. Simply, your own trade results with and
without WRB Analysis outweighs any other verification you
can think about. Further, if you decide to purchase any of
our education content prior to doing your own
due diligence (use of the free resources), you will
have dramatically increased your trading risks.

More importantly, you
must document your trading (simulator or
real-money) as recommended when using WRB Analysis for
verification about any facts (good or bad) you
publicly state about WRB Analysis. You must do this for your
due diligence.

In
addition, our performance record, our real-time trades in
the free chat room, our broker PnL statements, our
testimonials (accolades), our clients real-time trades,
our clients broker PnL statements, our clients full broker
statements is not an indication of your future
performance if you decide to learn/apply WRB Analysis.
Markets are always changing...low volatility to high
volatility, high volatility to low volatility, trend to
range, range to trend, global economics, changes in
exchange rules, changes in technology and changes in your
own personal lives that will have arguably the most impact
on your trading. Therefore, as stated above, we make no
guarantees because we do not know the future nor can we
control it.

Trades represented for TheStrategyLab are via
the real-time trade results posted by our user name
wrbtrader. Although we allow traders to use our free
chat room, make public the archives of the real-time
trades posted in the free chat room posted by
TheStrategyLab and users of WRB Analysis, make public our
broker PnL statements and give access to archives of
clients broker statements...TheStrategyLab does not give anyone access
to its trading accounts nor do we share our full
broker statements with anyone for security reasons
and tax reasons. Yet, other WRB Analysis users that
post their real-time trades, broker PnL statements,
full broker statements...we are not liable for
any errors, inaccuracies or problems (e.g. hacked trading
accounts, identity theft, harassment) associated with
their decision to share that information with anyone.

If you're a user of
WRB Analysis in the past and you posted any of the above
information in the public areas of the free TSL support
forums...we can move that information into a private
thread for you at your request. In contrast, if you
already have a private thread and you've posted
broker statements, statistical analysis reports,
proprietary trading systems in your private thread...it is
secured, private and will never be shared.

By the way, there are vendors
that have copied our free education content and then
edited some of the content to then only sell it for a fee.
There's also free users of WRB Analysis that have
developed their own indicators of WRB Analysis without
contacting us so that we can verify that the indicators
represent the price action definitions of WRB Analysis. We
are not responsible for your trading results via those
indicators.

Traders that are struggling via WRB Analysis while
complaining about WRB Analysis without verification
(e.g. real-time trades, broker PnL statements) that show
date, timestamp entries/exits, chart time frame along with
the trader telling documenting the reason (WRB Analysis)
for the trades so that we can verify they're using WRB
Analysis correctly...we consider their commentary
hearsay (without truth) because they are required
to properly document their trading via WRB Analysis
and document their simulator trading prior to any
real money trading.

Seriously, if someone
say they used WRB Analysis and it doesn't work...tell them
to send their documentation of verification to us
considering they are required to maintain such
documentation of their trading when they decided to
learn/apply WRB Analysis regardless if its via a simulator
or real money. Next, after they sent the information to
us...you tell the trader to contact you and confirm to you
that they had sent the documentation to TheStrategyLab.

Simply, if you
decide to bad mouth us...you better have proof via your
trading results, backtesting results or documentation of
your learning as you agreed to do when you decided to use
WRB Analysis.

You can then contact
us and ask us if we received it and what was our analysis
of the documentation. This is important because we already
have users of WRB Analysis posting real-time trades,
broker PnL statements, full broker statements, public
testimonials at our forum and other locations outside of
TheStrategyLab...showing good results and some showing bad
results. Those showing poor results, we know who they are
and have a good relationship with them because we're still
helping them. In contrast, those that provide no proof of
their struggles with WRB Analysis, they are either not
using WRB Analysis or they used something from someone
else that they thought in error represented WRB Analysis.